Holland & Hart represented Colorado-based Caliber Midstream Holdings, L.P., an independent, growth-oriented energy infrastructure company that provides a full suite of midstream services to producers in the Bakken and Three Forks shale oil plays, in its recent acquisition of the North Dakota assets previously owned by American Midstream Partners, LP. The acquisition expands Caliber’s crude oil gathering and transportation service lines and widens Caliber’s area of operations within McKenzie County, North Dakota. The acquired assets include a FERC-regulated crude oil gathering and pipeline transportation system consisting of a 47-mile pipeline and related facilities with the ability to transport crude oil to the Tesoro High Plains Pipeline and the Energy Transfer Dakota Access Pipeline.
The Holland & Hart transactional team worked closely with Caliber’s CEO, Daniel Werth, and CFO, Luke DiTomas, and was led by Partner James Crowe and associate Paige Coriden. The team also included subject matter expertise and support from Leslie Boyle, Chris Boling, Adam Cohen, John Ludlum, Mark Wiletsky, and Evan Randall.
For more information, please see Caliber’s press release.